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U.S. Corn Flakes Creator Kellogg Bought By Italian Candy Maker Ferrero For $3.1 Billion
The Italian food giant Ferrero is expanding its North American portfolio by acquiring WK Kellogg, known for iconic brands like Froot Loops, Rice Krispies and Corn Flakes. Ferrero, known for brands like Nutella and Kinder, announced it will buy WK Kellogg’s for $23 a share, representing a total enterprise value of $3.1 billion.
Froot Loops maker WK Kellogg agrees to $3.1 billion deal from Italy's Ferrero
WK Kellogg on Thursday agreed to be bought by the owner of Ferrero Rocher in a deal worth around $3.1 billion, uniting two of the world's most recognizable consumer brands to weather a tough spending backdrop marked by persistent inflation.
Kellogg’s, famous for making Frosted Flakes and Froot Loops, has struck a deal to be being for $3.1 billion by the Ferrero ...
Kellogg's has made a major change to its Corn Flakes leaving shoppers fed up Credit: Alamy. A box of 720g Kellogg's Corn Flakes boxes is now 670g and 500g boxes are down to 450g.. But the ...
Kellogg's is launching a new chocolate Corn Flake flavour Credit: Kellogg's. ... Corn Flakes were first introduced in 1922, and since then, more than six billion packets have been ...
In recent memory 790g, 720g, now 670g….Dear Kelloggs, you sell Corn Flakes not gold flakes.” This change from 790g to 720g happened in 2019, when the price was just £2.69.
That could mean you could be left with a whole bowl less per box. A 720g box of Kellogg's Corn Flakes has dropped to just 670g and 500g boxes have decreased by 10% to 450g, ...
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Kellogg's are changing Corn Flakes and shoppers are fuming - MSNIn recent memory 790g, 720g, now 670g….Dear Kelloggs, you sell Corn Flakes not gold flakes.” This change from 790g to 720g happened in 2019, when the price was just £2.69.
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